Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
Bitcoin surged from $27,900 to $30,000 after a false report of a spot ETF approval was posted on social app X, formerly Twitter, leading to nearly $100 million in liquidations in the past hour.was deleted after nearly 30 minutes but sparked enough interactions to impact prices significantly. Bitcoin has since fallen from $30,000 to $28,000 following skepticism from analysts and reporters. BlackRock confirmed to CoinDesk that the report is false.
The SEC website shows no approvals for a spot bitcoin ETF. Bloomberg also reported that the BlackRock application is still under review., which is thought to boost the chances of GBTC eventually being converted to a spot ETF. Bitcoin rose 4% in Asian morning hours on Monday, a continuation of Friday’s reaction to the U.S. Securities and Exchange Commission decision to not appeal to a recent Grayscale ruling.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BTC Skyrockets to $30K on Reports About Approved Spot Bitcoin ETF by the SECCrypto Blog
Read more »
Bitcoin jumps as much as 10%, on track for best day since AugustBitcoin jumps as much as 10%, on track for best day since August
Read more »
‘College GameDay’ fan earns $30K payday in Pat McAfee’s field goal contestA Washington Huskies fan named Greyson Wilhelm hammered home a field goal to win $30,000 from Pat McAfee.
Read more »
Shiba Inu Profitability Jumps as SHIB Price Regains Key LevelSHIB still sustaining its gains and up in last 24 hours
Read more »
AP Top 25: Utah jumps to No. 14 following victory against CaliforniaUtah has jumped from No. 16 to No. 14 in the most recent AP Top 25 college football rankings following Saturday's victory against California.Washington moved u
Read more »
AP Top 25: Washington jumps to No. 5 after win over Oregon, USC tumblesWashington jumped up three spots to No. 5 after its win over Oregon on Saturday.
Read more »